A Guide to Detecting and Preventing Expense-Reimbursement Fraud (Part Three of Three)

A lack of strong controls around the expense-reimbursement process can allow bribes to foreign officials to slip through the cracks.  To assist companies in designing best-in-class expense-reimbursement programs, The FCPA Report is publishing a three-part article series on the topic.  This, the third article in the series, provides strategies for reviewing expense reports and addressing corruption problems that are discovered.  The first article in this series discussed the risks associated with expense reports; provided advice on using travel and entertainment policies to limit expense-report fraud; and outlined strategies for utilizing the training process to decrease expense-report fraud.  The second article in the series explained how different types of expense limits can protect a company and suggested policies that companies can implement to detect and prevent expense-report fraud.  See also “A Guide to Preventing and Detecting Travel Agency Corruption (Part One of Three),” The FCPA Report, Vol. 3, No. 1 (Jan. 8, 2014), Part Two of Three, Vol. 3, No. 2 (Jan. 22, 2014), Part Three of Three, Vol. 3, No. 3 (Feb. 5, 2014). 

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